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Markets have been far more settled in recent days, with an element of consolidation on commodities and indices. Major forex is also quieter but still trades with a mild USD negative bias.
As US markets resume following the Presidents Day holiday, there is a sense of souring risk appetite. As central banks hint at more tightening to come, rising yields and a stronger USD weigh on sentiment.
The Bank of England is the central bank that makes monetary policy maintain price decisions for the United Kingdom. Its primary objective is to e stability.
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